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  • COPENHAGEN, Feb 9- Denmark's Vestas beat forecasts with record orders for new wind turbines last year, signalling continued strong demand for renewable energy despite a plunge in fossil fuel prices. Hit by overcapacity and the withdrawal of some government subsidies during the global economic downturn, big wind turbine makers are now benefiting from a new...

  • ZAGREB, Feb 6- Croatia is unlikely to go ahead with plans to build a new coal-fired thermal plant in the northern Adriatic for which it entered partnership talks with Japan's Marubeni Corp, the environment minister said on Saturday. Such plants don't fit in, " Slaven Dobrovic said at an energy round-table in Zagreb. Croatia agreed early last year to begin talks with...

  • The move is part of the company's attempt to reduce exposure to unregulated markets in the United States and internationally, and follows its $4.9 billion purchase of natural gas distributor Piedmont Natural Gas Co.. Duke's international business- which spans Brazil, Argentina and Chile- had earned only half of what the company had expected through...

  • Feb 4- Duke Energy Corp, the largest U.S. power company by generation capacity, said it was looking to sell a whole or part of its international energy unit.

  • ISLAMABAD, Feb 4- Pakistan has shelved plans to privatise its power supply companies and will miss deadlines to sell other loss-making state firms, reneging on promises it made to the IMF in return for a $6.7 billion bailout three years ago. Two government officials with direct knowledge of the situation said International Monetary Fund officials who met...

  • ISLAMABAD, Feb 4- Pakistan has shelved plans to privatize its power supply companies and will miss deadlines to sell other loss-making state firms, reneging on promises it made to the IMF in return for a $6.7 billion bailout three years ago. Two government officials with direct knowledge of the situation said International Monetary Fund officials who met...

  • ISLAMABAD, Feb 4- Pakistan has shelved plans to privatise its power supply companies and will miss deadlines to sell other loss-making state firms, reneging on promises Islamabad had made to the IMF in return for a $6.7 billion bailout three years ago. Two government officials with direct knowledge of the situation said International Monetary Fund officials...

  • ISLAMABAD, Feb 4- Pakistan has shelved plans to privatise its power supply companies and will miss deadlines to sell other loss-making state firms, reneging on promises Islamabad had made to the IMF in return for a $6.7 billion bailout three years ago. Two government officials with direct knowledge of the situation said International Monetary Fund officials...

  • UAE'S DANA GAS SAYS SUPPLYING CHEMCHEMAL POWER PLANT AND PLANT IS OPERATING AT 50 PCT OF PRODUCTION CAPACITY.

  • BUENOS AIRES, Jan 29- Argentina's energy minister on Friday announced new power rates on the back of subsidy cuts that could see the bills of some consumers jump six-fold, saying that a near total freeze on tariffs in parts of the country had left the power grid "on the brink of collapse." Minister Juan Jose Aranguren said the government of newly-elected Mauricio...

  • Jan 29- Hydro One Ltd, Ontario's largest electric utility said it will buy an electricity transmission business from Brookfield Infrastructure for C $222 million. Hydro One began trading on the Toronto Stock Exchange in November after its initial public offering, one of the largest in Canadian history. Hydro One's shares were mostly flat at C $22.45 in morning...

  • The Dec. 23 incident in Ukraine was the first cyber attack to cause a power outage, and is one of just a handful of incidents in which computer hacking has caused physical effects on infrastructure rather than the loss or theft of electronic data. A similar attack in the United States could cripple utilities and leave millions of people in the dark, costing the...

  • BRASILIA, Jan 27- A Brazilian federal court has revoked a lower court's injunction that had suspended the operating license for the Belo Monte hydroelectric dam, one of the world's largest, Brazil's Energy Ministry said in a Twitter post on Wednesday. Belo Monte, a dam built on the Xingu River in the middle of the Amazon forest, will have a total installed capacity...

  • *Ukraine sitting on "powder keg" of more attacks. Jan 27- Hackers were able to attack four sections of Ukraine's power grid with malware late last year because of basic security lapses and they could take down other industrial facilities at any time, a consultant to government investigators said. Three power cuts reported in separate areas of western and central...

  • BEIJING, Jan 27- China is on course to meet its target to raise its total installed nuclear capacity to 58 gigawatts after a resumption in new project approvals last year, an official with the country's nuclear agency said on Wednesday. Xu Dazhe, the chairman of the China Atomic Energy Authority, told reporters that China now had 30 reactors in operation, with a...

  • PARIS, Jan 26- French utility EDF said on Tuesday it had signed a preliminary agreement with Nuclear Power Corp of India Ltd to build six nuclear reactors at Jaitapur, in the west of India. EDF said that in the next few months it would continue work started by Areva and NPCIL to secure certification for the European Pressurised Reactor reactor in India and to...

  • WASHINGTON, Jan 25- The U.S. Supreme Court on Monday upheld a major Obama administration electricity markets regulation aimed at encouraging efficiency in the market by having grid operators pay large users to reduce consumption at peak times. The court ruled 6-2, with Justice Samuel Alito not taking part in the case, to reverse a May 2014 decision by the U.S....

  • Future of electricity

    Steve Bolze, GE Power & Water president & CEO, weighs in on global power needs and the massive capital needed to build out the infrastructure.

  • NEW YORK, Jan 20- Last year looks like it was an unwelcome watershed for the embattled U.S. coal industry. Data from the U.S. Energy Information Administration showed that power plants used more gas than coal to produce electricity in five of the first 10 months of 2015, including the last four months data was available- July, August, September and October.

  • LUSAKA, Jan 19- Water levels in southern Africa's Lake Kariba have dropped to 12 percent of capacity, the authority in charge said on Tuesday, raising concerns about severe power rationing in Zimbabwe and Zambia. The levels were 477.25 meters above sea level on Monday, just two meters above the point their working capacity, the Zambezi River Authority, which...